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Date: April 30, 2024 Tue
Time: 12:19 am
Time: 12:19 am
Results for fencing stolen goods
2 results foundAuthor: Finklea, Kristin Title: Organized Retail Crime Summary: Organized retail crime (ORC) involves the large-scale theft of everyday consumer items and potentially has much broader implications. Organized groups of professional shoplifters, or “boosters,” steal or fraudulently obtain merchandise that is then sold, or “fenced,” to individuals and retailers through a variety of venues. In an increasingly globalized society, more and more transactions take place online rather than face-to-face. As such, in addition to relying on physical resale markets, organized retail thieves have turned to online marketplaces as means to fence their ill-gotten goods. ORC exposes the United States to costs and harms in the economic, public health, and domestic security arenas. The exact loss from ORC to the retail industry is unknown, but estimates have ranged from $15 billion to $37 billion annually. The economic impact, however, extends beyond the manufacturing and retail industry and includes costs incurred by consumers and taxes lost by the states. The theft and resale of stolen consumable or health and beauty products such as infant formula (that may have been repackaged, relabeled, and subjected to altered expiration dates) poses potential safety concerns for individuals purchasing such goods from ORC fences. In addition, some industry experts and policy makers have expressed concern about the possibility that proceeds from ORC may be used to fund terrorist activities. Current efforts to combat ORC largely come from retailers, online marketplaces, and law enforcement alike. Retailers responding to the 2010 National Retail Security Survey spent an average of 0.46% of their annual sales on loss prevention measures. These loss prevention costs are ultimately borne by consumers in the form of higher prices on goods. Also, online marketplaces report taking various measures to combat the sale of stolen and fraudulently obtained goods on their websites, including educating sellers and consumers, monitoring suspicious activity, and partnering with retailers and law enforcement. Combating retail theft has traditionally been handled by state law enforcement under state criminal laws. Some, however, have begun to question whether state laws—which vary in the quantity of monetary losses that constitute major theft—are adequate to combat ORC. While many agree that ORC is a national problem, there is debate over the federal government’s role in deterring ORC and sanctioning various actors that may be involved in committing or aiding these crimes. One policy issue facing Congress is whether criminalizing organized retail crime in the U.S. Code would allow for more effective investigation and prosecution of these criminals. Congress may also wish to consider whether regulating resale marketplaces (online markets, in particular), to require such entities to increase information sharing with retailers and law enforcement, would strengthen investigations and prosecutions of ORC as well as decrease the prevalence of retail thieves relying on legitimate online marketplaces to fence stolen goods. Details: Washington, DC: Congressional Research Service, 2012. 26p. Source: Internet Resource: CRS Report R41118: Accessed January 29, 2013 at: http://www.fas.org/sgp/crs/misc/R41118.pdf Year: 2012 Country: United States URL: http://www.fas.org/sgp/crs/misc/R41118.pdf Shelf Number: 127431 Keywords: Crimes Against BusinessesFencing Stolen GoodsHot ProductsOrganized Crime (U.S.)Organized Retail CrimeRetail TheftShopliftingStolen Goods |
Author: Victoria. Sentencing Advisory Council Title: Sentencing Trends in the Higher Courts of Victoria 2007–08 to 2011–12; Handling Stolen Goods Summary: This Sentencing Snapshot describes sentencing outcomes1 for the offence of handling stolen goods and details the age and gender2 of people sentenced for this offence in the County Court of Victoria between 2007–08 and 2011–12.3 Except where noted otherwise, the data represent sentences imposed at first instance rather than sentences imposed following appeal. A person is guilty of handling stolen goods if he or she dishonestly receives or deals with goods, and knows or believes them to be stolen. Handling stolen goods is an indictable offence that carries a maximum penalty of 15 years’ imprisonment4 and/or a fine of 1800 penalty units.5 Indictable offences are more serious offences triable before a judge and jury in the County or Supreme Court. Handling stolen goods can also be tried summarily by the Magistrates’ Court if the property involved meets certain criteria,6 the Magistrates’ Court considers it appropriate and the defendant consents.7 Handling stolen goods was the principal offence8 in 0.4% of cases sentenced in the higher courts between 2007–08 and 2011–12. Details: Melbourne: Sentencing Advisory Council, 2013. 12p. Source: Internet Resource: Sentencing Snapshot No. 136: Accessed March 30, 2013 at: https://sentencingcouncil.vic.gov.au/sites/sentencingcouncil.vic.gov.au/files/snapshot_136_sentencing_trends_for_handling_stolen_goods_in_the_higher_courts_of_victoria_march_2013.pdf Year: 2013 Country: Australia URL: https://sentencingcouncil.vic.gov.au/sites/sentencingcouncil.vic.gov.au/files/snapshot_136_sentencing_trends_for_handling_stolen_goods_in_the_higher_courts_of_victoria_march_2013.pdf Shelf Number: 128174 Keywords: Fencing Stolen GoodsProperty CrimeSentencing (Victoria, Australia)Stolen Property |